The Enforcement Directorate (ED) has uncovered an alleged connection between Saurabh Chandrakar, promoter of the Mahadev Online Book betting empire, and the glitzy world of Bollywood. This investigation exposes the underbelly of illegal betting that allegedly funnels vast sums of money into film production. As per the prosecution complaint (PC) filed by the ED at the PMLA Court, Raipur, at the heart of this alleged scandal is Qureshi Productions Pvt Ltd, a Mumbai-based company now under intense scrutiny.
Investigations have revealed that the owner of this production house also runs a Dubai-based event management firm, which arranged for numerous Bollywood stars to attend and perform at Chandrakar's opulent wedding in Ras Al Khaimah, UAE, in February 2023. Waseem Qureshi with Film movie | File Photo In October 2023,the Enforcement Directorate (ED) conducted a raid on Qureshi Productions resulting in the seizure of an array of assets, hard drives, and documents linked to allegedly suspicious banking transactions and contracts.This raid raises eyebrows, specially considering that Qureshi Productions is involved in producing the high-profile historical film in Marathi titled ``Vedat Marathe Veer Daudle Saat", featuring Bollywood superstar Akshay Kumar.
It is directed by Mahesh Manjrekar. Waseem Qureshi with Big-B And Sonu Sood | File Photo According to the ED's PC, Waseem Qureshi, director of Qureshi Productions, is closely associated with Gitesh Chandrakar, brother of Saurabh Ch.